Changing Lives through Attainable Affordable Housing

Introducing Lake Norman CDC's new CEO!

Driven by a vision to become the Lake Norman region's premier housing agency, Lake Norman CDC provides affordable and attainable housing opportunities for moderate income households by instilling hope and strengthening our communities through service-enriched programs.

We build, manage and maintain Homes, Outcomes, Partnerships and Educational opportunities for a thriving community.
----- Kris J. Fountain, CEO for LKNCDC

Kris J. Fountain is a transformational leader and affordable housing advocate with 30 years of experience in delivering housing solutions. His expertise in developing special purpose credit programs, financial education workshops, residential real estate opportunities, and fostering impactful private and public partnerships makes him a respected leader in the field. Kris is honored to serve as the first CEO for Lake Norman CDC, which provides affordable and attainable housing through service-enriched programs for people in the Lake Norman area. He and his wife of 28 years live in Mooresville and have two adult children.

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Programs

When Affordable Housing is Unattainable

Affordable housing in the community where you work seems like an impossible dream.

Long commutes impede employee recruitment and retention.

Rent increases feel like the treadmill of life keeps speeding up.

When Affordable Housing is Attainable

Housing stability provides a bridge to financial stability.

Work Life balance can finally be a reality.

Enjoy living in the community where you work.

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Affordable housing is a cornerstone to a strong, diverse, and stable community.

Having a stable place to call home reduces stress and increases health.

Lessened fuel expenses, traffic congestion, and environmental impact.

Those who give so much to serve our community should have the opportunity to live in it.

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Programs

Attainable affordable housing is a critical issue touching each of us. From teachers to care-givers and small business-owners to firefighters – we all are affected by the availability of affordable housing. Everyone wants to be part of the community where they work.

Using 30% affordable housing definition

Cornelius, NC as of Sept. 2022

Average 2-bedroom rent - $1900

Average home rental - $2,344

According to HUD affordable housing is households spending 30% or less on housing costs, including rent or mortgage payments, utilities, and other fees.

Spending over 30% is considered housing cost burdened or housing insecure. This means that a person, such as a school teacher making $44,000 should be paying no more than $1,100 in housing costs (rent and utilities).

Our MISSION

Dedicated to providing diverse affordable and attainable housing opportunities for moderate income households, instilling hope and strengthening our community through service-enriched programs.